TotalEnergies and Compagnie des Bois du Gabon Join Forces to Develop a New Forest Management Model Combining Wood Production and Carbon Sinks

TotalEnergies and Compagnie des Bois du Gabon (CBG) have joined forces to develop a forward-looking model of sustainable and responsible forest management that combines sustainable harvesting, biodiversity conservation, and long-term carbon storage. TotalEnergies has become CBG’s leading partner after acquiring 49% of its capital from Criterion Africa Partners.  CBG is a key player in Gabonese forestry, recognized for its responsible and sustainable management of 600,000 hectares of forest, certified to the highest international standards of the Forest Stewardship Council (FSC), and for its ongoing contribution to protecting biodiversity.  The forest…

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